Poor Profits Means EB Games Closing Down Sales
EB Games has announced closing down sales for 19 stores set to be shut down at the end of the month due to poor profits.
First reported by Kotaku, EB Games has since issued a statement regarding the closure of the stores at the end of January.
According to leaked emails, EB games will be closing the following stores:
- ACT – Majura Park
- NSW – Blacktown, Rockdale, Winston Hills, Birkenhead Point, Inverell, Tamworth
- QLD – Inala, Bribie Island, Underwood, Cleveland, Lutwyche
- SA – Adelaide City Cross, Brickworks, Hallet Cove, Harbourtown Adelaide
- VIC – Dandenong, Hamilton
- WA – Dianella, Kalamunda
The decision was made after careful evaluation of the EB Games property portfolio ‘to ensure that our store’s mix is in-line with the ever-changing retail landscape’.
Staff will also be offered work opportunities at other stores in the surrounding area, where possible.
The move is also a result of large-format store offerings combining EB Games and Zing Pop Culture in hybrid brick & mortar shopfronts.
For EB Games customers this means having to relocate current preorders to another store location.
According to the statement, EB currently has six million loyalty members with over 300 locations across Australia.